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President inaugurates 72 projects in Ardebil, pledges millions for development
The projects, launched with €180 million ($211 million) in foreign currency investment and 187 trillion rials ($188.3 million) in domestic public and private funding, are expected to create about 4,700 jobs, IRNA reported.
Key projects included Iran’s first private serum production plant with an annual capacity of 60 million bottles, a methanol-producing petrochemical facility, 7,800 hectares of irrigation network downstream of the Khoda Afarin dam, and a 30-hectare greenhouse complex.
During a meeting with investors and business leaders, Pezeshkian pointed to Ardebil’s special advantages, saying “capable people and unique capacities exist in this province, and it is enough to adopt a new approach to solve the problems.”
He voiced concern over the country's continued dependence on crude oil exports, arguing that such reliance leaves Iran vulnerable to external pressures and sanctions. He also expressed dismay that, despite the nation’s abundant natural resources, skilled workforce, and industrial potential, Iran has not yet achieved economic independence and sustainability without leaning on oil revenues.
Work also began on 75 new economic and infrastructure projects with €860 million ($1 billion) in foreign investment and 320 trillion rials ($322.2 million) in domestic funds, projected to generate 9,000 jobs.
An agreement was signed between private investors and related state organizations for the establishment of a large greenhouse unit in Parsabad and a major livestock farm in Germi county.
Pezeshkian later attended meetings with educators, investors, political, cultural and social figures, and the provincial planning and development council.
At the end of his trip, Pezeshkian announced that nearly 800 trillion rials ($805.6 million) would be allocated for investment and development in Ardabil under 38 projects.
He noted that the agreements and directives resulting from the visit span a wide range of sectors, including water, electricity, transportation, healthcare, and agricultural development. Within this framework, between 36 and 38 targeted projects have been formally signed.